A Reverse Mortgage through Horizon Equity, backed by the Canadian Home Income Plan (CHIP), offers Canadians that are sixty and over the ability to access up to 40% of the equity in their home tax-free. The equity can be used to invest, eliminate other debts, and generally enjoy a higher quality of life.

“We’re thrilled to be bringing more flexible mortgage options to Canadian Seniors with the introduction of Horizon Equity,” said Gordon McCallum, President of First Foundation.